---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-047419"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:31:38.187846+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Virtu Q1 2023 net income $110M, EPS $0.56; declares $0.24 dividend

## Summary
- Net income $110.1M ($0.56 diluted EPS); normalized adjusted net income $127.6M ($0.74 adj EPS).
- Total revenues $610.5M, trading income net $411.5M; Adjusted Net Trading Income $373.1M.
- Adjusted EBITDA $207.5M (55.6% margin); share buybacks $75.6M (3.9M shares) during quarter.
- Sequential growth: total revenues +22.6%, trading income +31.3%, Adj Net Trading Income per day +38%.
- Quarterly dividend $0.24/share, payable June 15, 2023 to holders of record June 1, 2023.

## SEC filing metadata
- accession: 0001104659-23-047419
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000110465923047419/0001104659-23-047419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000110465923047419/tm2313027d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-047419
- JSON: https://secwatch.observer/filing/0001104659-23-047419.json
- Plain text: https://secwatch.observer/filing/0001104659-23-047419.txt

## Key facts
- Earnings Releases
  Virtu Financial, Inc. reported first quarter ended March 31, 2023 results: revenue $610.5 million, net income $110.1 million, EPS $0.56.
  - Period: first quarter ended March 31, 2023
  - Revenue: $610.5 million
  - Net income: $110.1 million
  - EPS: $0.56
  - Result: reported results
  source text: Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2023. First Quarter 2023: · Net income of $110.1 million; Net income margin of 29.5%; Normalized Adjusted Net Income 1 of $127.6 million · Basic and diluted earnings per share of $0.56; Normalized Adjusted EPS 1 of $0.74 · Total revenues of $610.5 million; Trading income, net, of $411.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000110465923047419/0001104659-23-047419-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.